Press Digest: Canada - July 8
PRESS DIGEST-Canada - July 8 July 8 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified them and does not vouch for their accuracy.
THE GLOBE AND MAIL
- Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey and Ukraine have committed to a new global defence bank based in Canada, Canadian Prime Minister Mark Carney said.
- The Canadian government announced a potential equity investment in Teck Resources TECKb.TO for up to C$400 million ($282.47 million) to help expand its Trail Operations facility in British Columbia for the production of strategic metals.
- U.S. asset management giant TPG Inc TPG.O has led a $65-million financing of Toronto-headquartered “super app” provider Super.com Inc, valuing the company at $1.2-billion.
NATIONAL POST
- Prime Minister Mark Carney signals Canada still wants to be friends with South Korea after dumping their country's bid to build Canada's submarines and instead opting for a European builder TKMS TKMS.DE.
- Canada's telecom regulator has launched a probe into Bell Canada, Rogers Communications RCIb.TO and Telus Communications over concerns that newly introduced customer charges may violate a ban on activation and plan-modification fees
($1 = 1.4161 Canadian dollars)
(Compiled by Bengaluru newsroom)
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